COMPANY CODE OF ETHICS FOR BUSINESS
MADA S.p.A. expects all personnel to conduct their job and work business in accordance with the highest ethical standards and to not conduct their job or business in a manner that could damage the reputation of MADA S.p.A. or cause MADA S.p.A. to be in violation of any law or regulation.
MADA S.p.A. acts honestly, with integrity and in compliance with all applicable laws and regulations in doing business in any country.
MADA S.p.A. complies with all flow down terms, conditions and other provisions specified in purchase orders. When performing international business, or if the primary place of business is outside of Italy, MADA S.p.A. complies with local laws and regulations.
MADA S.p.A. has a zero-tolerance policy for corruption, and prohibits their employees conducting business on its behalf to engage in activities that are not in concurrence to its policy. MADA S.p.A. uses reasonable efforts to promote among their employees adherence to this Code of Conduct, and exercise due diligence to prevent and detect corruption in all business arrangements.
MADA S.p.A. undertakes to conduct its business in compliance with the anti-corruption laws and regulations in force in all countries (including the "Foreign Corrupt Practices Act" and the "Bribery Act 2010") in which significant commercial activities are carried out and planned, in addition to acting in compliance with internal rules and regulations, including this Policy and the Code of Ethics and behaviour.
Specifically, all staff must not:
MADA S.p.A. undertakes to implement an internal reporting system and encourages the staff (administrators, managers and employees) to report any conduct that violates or may violate the anti-corruption laws and regulations. The staff (directors, managers and employees) will not be subject to retaliation, dismissal or any other disadvantageous treatment following the report.
MADA S.p.A. keeps records of all expenses and payments complete and up-to-date in the accounting books, records and accounts in compliance with the law and anti-corruption regulations.
We expect our personnel in offering or receiving any gift or business courtesy to not give or receive business gifts unless of nominal value and permitted by law, regulations, rules and standards of the recipient’s organization, and however never in cash or cash equivalent. We provide meals and entertainment to customers and others only if permitted by applicable laws and regulations, and, to the extent legally allowed, in a manner that is reasonable and customary, never lavish nor inappropriate.
We supply articles that are not and do not contain suspect/counterfeit parts. We develop, implement, and maintain appropriate methods and processes to our products and services to minimize the risk of introducing counterfeit parts and materials. We make sure that our personnel are aware of their contribution to product or service conformity.
All our personnel safeguard all sensitive information, including safeguarding proprietary and confidential information disclosed by MADA S.p.A., physical property or personal data of MADA S.p.A. and its employees which is in their care or possession, and use any such information only for the business purpose for which it was provided.
We accurately record, maintain, and report business documentation, including, but not limited to, financial accounts, quality reports, resumes and submissions to MADA S.p.A..
We expect our employees to treat people with respect and dignity, encourage diversity and diverse opinions, promote equal opportunities for all, and help create an inclusive and ethical culture. We make sure that our personnel are aware of the importance in ethical behaviour.
MADA S.p.A. makes sure to not engage in the use of forced labour, indentured labour, involuntary prison labour, or trafficking of persons. This includes transporting, harbouring, recruiting, transferring, or receiving vulnerable persons by means of threat, force, coercion, abduction, or fraud for the purpose of exploitation.
We make sure that child labour is not used in the performance of work. The term “child” refers to any person under the minimum legal age for employment where the worked is performed.
We provide equal employment opportunities to employees and applicants for employment without regard to race, ethnicity, religion, colour, sex, nationality, ancestry, sexual orientation, gender identity or expression, marital status, family structure, genetic information, or mental or physical disability.
We apply environmental management system principles in order to establish a systematic approach to risks/hazards management and opportunities associated with the environment, including potential risk from regulatory non-compliance, reputational loss, and opportunities for business growth through operational and product stewardship.
We protect the health, safety and welfare of those who may be affected by their activities by complying with all applicable environmental health and safety laws, regulations and provisions. We make sure that our personnel are aware of their contribution to product safety as well as their contribution to product or service conformity.
We promote a safe, respectful and productive work place by establishing and maintaining fair employment practices, including complying with laws that prohibit harassment.